The Central Electricity Regulatory Commission invited stakeholder feedback by April 23, 2025, on a proposal by the Indian Energy Exchange (IEX) to introduce real-time trading in renewable energy. Considering that IEX could not meet the significant demand for renewable energy through firm trading, the exchange has proposed introducing the Green Real-Time Market to address the dynamic nature of green energy. In FY 2024, around 2.5 billion units of renewable energy were traded in the Green Day Ahead Market on the IEX platform.

The Andhra Pradesh Electricity Regulatory Commission directed the Transmission Corporation of Andhra Pradesh (APTRANSCO) to refund the Operation and Maintenance (O&M) charges of ₹4.8 million (~$55,954) to Aurobindo Pharma. The charges were levied on the petitioner for the O&M activities carried out by APTRANSCO on two transmission projects until their handover. The Commission ordered a refund of the O&M charges, stating that APTRANSCO owns the transmission line and must pay for the maintenance charges.

The hospitality industry is emerging as a leader in the transition to renewable energy, joining a growing number of commercial and industrial units in India with high power consumption that are turning to green energy. This shift is helping businesses lower energy costs while significantly reducing their carbon emissions. Nashik-based Grape County Eco Resorts & Spa has installed a 183 kW ground-mounted solar system, which fully meets its energy needs.

The Rajasthan Solar Park Development Company, a subsidiary of Rajasthan Renewable Energy Corporation, invited bids for the engineering, procurement, and construction of the power evacuation system for its 2,450 MW solar park in Bikaner district. The project is divided into three lots: Lot-1 (1,000 MW Phase-I), Lot-2 (1,000 MW Phase-II), and Lot-3 (450 MW Phase-III). Bids must be submitted by May 13, 2025. Bids will be opened on May 14. The scope of work for all lots entails the survey, design, engineering, supply of equipment and materials, civil works, erection, testing, and commissioning of the projects.

Government-owned lender Indian Renewable Energy Development Agency (IREDA) reported a 49% year-over-year (YoY) increase in profit after tax for the fourth quarter of the financial year 2025 to ₹5.02 billion (~$56.6 million) from ₹3.37 billion (~$39.3 million). IREDA attributed the increase to a decline in non-performing assets. The lender’s revenue from operations stood at ₹19.04 billion (~$222.3 million), a 37% rise from ₹13.91 billion (~$232.4 million) in the same quarter the previous year. At the end of the quarter, IREDA reported an outstanding loan book of ₹762.81 billion (~$8.9 billion), a 20% YoY increase.